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ZLATOVNA ECONOMIC NEWS
A quick look at what's new in the world of economic policy, finance and precious metals.

Economy: PwC: Czech companies need a predictable environment from the government above all. Hampl: The Czech economy should return to price stability as soon as possible. Inflation in France and Spain has surprisingly increased, further interest rate increases are expected. The number of bankruptcies and company reorganizations in the Czech Republic fell by three percent last year to 723. Lawyer Michal and businessman Überall filed constitutional complaints in a tax case. The Czech economy entered a recession in the fourth quarter of last year. According to a spokesperson, the Czech National Bank does not work with materials with the highest level of secrecy. Thousands of people have been waiting in front of the Czech National Bank since morning, wanting to receive a commemorative thousand-crown note. Cross-border payments for online purchases will be registered in order to fight fraud. In the Czech Republic, 921 personal bankruptcies were declared in January, 39 more than in December. In 2035, 51 percent of the world's people may be overweight or obese, experts warn. E15: A possible missing check could cost the head of the Czech National Bank Michl his job, Pavel admitted. The Russian Central Bank will extend the validity of restrictions on capital movements. The Budějovické bishopric recovered from losses, valued investment assets. Companies convicted of insurance fraud will probably not have access to contracts. The government wants to prepare changes to the benefit system, and also mentions greater targeting of aid. The vice-governor of the Czech National Bank denied that the central bank's steps would lead to higher inflation. Thousands of people have been waiting outside the Czech National Bank since morning to receive a special thousand-crown note. Inflation in Turkey has slowed to 57.7 percent, but it is higher than expected. The empire of Indian businessman Adani continues to lose value rapidly after the accusation. Architect and businessman Vladimír Stehlík, associated with Poldi Kladno, has died. The Czech National Bank has improved its economic development estimate, expecting a 0.3 percent decline in GDP this year. The British central bank has raised interest rates to four percent, the highest since 2008. USGS: Damage caused by the earthquake in Turkey may amount to up to ten billion dollars. Survey: 83 percent of Czech households are concerned about inflation.

Stock markets: The world's largest gold miner Newmont wants to take over its competitor Newcrest. Mining giant Glencore achieved record profits thanks to expensive oil and coal. World Gold Council: Central banks bought the most gold last year since 1967. 9.4 tons of gold were imported to the Czech Republic last year, the most in the last 11 years. Analyst: Energy prices fell significantly on the stock exchanges in January, gold rose in price. BBC: Botswana sold diamonds for a record $4.5 billion last year. The Office for the Protection of Consumer Rights has allowed the metal scrap processor TSR to buy the company Barko.

Finance: PayPal intends to lay off 2,000 people, which is about seven percent of its workforce. Analysis: Of the 1,094 corporate bonds in the Czech Republic, 186 are secured, or 17 percent. Austria's Raiffeisen Bank International sharply increased its profit last year. Deutsche Bank increased its pre-tax profit by 68 percent last year to a 15-year high. UniCredit Bank: The profitability of investments in residential real estate fell in February. The guarantee system paid 98 percent of compensation to 87,000 Sberbank clients in a year. Police: Fake bankers force callers to take out a loan and deposit money in a bitcoin wallet. Mastercard: Retail sales before Christmas rose by 11.4 percent year-on-year. Buffett's Berkshire Hathaway had a record operating profit last year. The number of payment cards in the Czech Republic fell by 77,000 year-on-year to 14.02 million. HSBC almost doubled its profit, but published a cautious outlook. Falter: Austrian Raiffeisen is interested in the remains of Sberbank Europe. Turkey's current account deficit was the highest in at least a decade last year.